Financial Affairs

Opinion: Small Business Administration’s relaxed loan terms offer a silver lining for small businesses

The dominant narrative around US small businesses throughout the pandemic has been pessimistic rhetoric. But there is another side to the history of small business that is emerging. A story of determination, perseverance and new opportunities. Many companies have shown incredible creativity and ingenuity to take advantage of the opportunities …

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Business loans lead the liquidity jump this year

(Yonhap) South Korea’s business loans have risen sharply this year amid the coronavirus outbreak, causing the country’s overall money supply to surge, central bank data showed on Wednesday. The country’s M2 money supply stood at 3,065.8 trillion won ($ 2.56 trillion) at the end of May, up 10.6 percent from …

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Metrion Biosciences closes new £ 2.7million equity financing

CAMBRIDGE, England – (COMMERCIAL THREAD) – Metrion Biosciences Limited (Metrion), the ion channel CRO and drug discovery company, today announced it has secured £ 2.7million in new equity funding, including £ 2.25million from from lead investor Gresham House Ventures. The funding will be used to expand Metrion’s laboratories in Cambridge, …

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$ 375 million loan to Sunwing to protect jobs

The Canada Business Emergency Finance Corporation (CEEFC) announced that Sunwing Vacations and Sunwing Airlines have accessed $ 375 million in cash to protect jobs in Canada’s airline industry through a loan in the framework of the Large Employers Emergency Funding Mechanism (LEEFF). Sunwing Airlines and Sunwing Vacations together provide nearly …

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